Feature | Deriv | FXTM |
---|---|---|
Year Established | 1999 | 2011 |
Regulation | MFSA, LFSA, BVI FSC | CySEC, FSCA, FCA, FSC |
Maximum Leverage | Up to 1:1000 | Up to 1:2000 (varies by market) |
Minimum Deposit | $5 | $50 |
Spread Type | Fixed | Variable |
Minimum Position Size | 0.01 lot | 0.01 lot |
Trading Platforms | Deriv MT5, DTrader, DXtrade | MetaTrader 4, MetaTrader 5 |
Tradable Instruments | Forex, Indices, Commodities, Cryptocurrencies, Synthetic Indices | Forex, CFDs on Stocks, Indices, Commodities, Metals |
Number of Assets | 218+ | 1000+ |
Account Types | Real Account, Demo Account | Standard, Cent, Stocks, Stock CFDs, ECN, ECN Zero, FXTM Pro |
Base Account Currencies | USD, EUR, GBP, AUD | USD, EUR, GBP, NGN |
Deposit Methods | Bank Wire, Credit/Debit Cards, E-wallets (Neteller, Skrill), Cryptocurrencies (BTC, USDT) | Bank Wire, Credit/Debit Cards, E-wallets (Neteller, Skrill), Cryptocurrencies |
Withdrawal Methods | Same as deposit methods | Same as deposit methods |
Deposit Fees | None | None |
Withdrawal Fees | None | None |
Inactivity Fee | $25 | $10 after 3 months of inactivity |
Trading Fees | Commission-free on most accounts; spreads from 0.5 pips | Spreads from 0.6 pips; ECN accounts with commissions |
Copy Trading | Yes | Yes |
Managed Accounts | No | Yes |
Educational Resources | Articles, Videos, Demo Account | Webinars, Articles, Videos, Demo Account |
Customer Support | 24/7 via Email and Live Chat | 24/5 via Email, Phone, Live Chat, Social Media |
Bonuses and Promotions | Affiliate Program | Cashback up to $5, Refer a Friend ($50 per referral) |
Regulation Jurisdictions | Malta, Labuan, Vanuatu, British Virgin Islands | Cyprus, United Kingdom, South Africa, Mauritius |
Order Execution Type | Market Execution | Market Execution, Instant Execution |
Slippage Control | Limited slippage on synthetic indices | Variable slippage depending on account type |
Algorithmic Trading | Supported via DMT5 and DBot | Supported via MT4, MT5, FXTM Invest |
API Trading | Proprietary API available | No dedicated API, but supports EA integration on MT4/MT5 |
Risk Management Tools | Stop Loss, Take Profit, Guaranteed Stop Loss | Stop Loss, Take Profit, Negative Balance Protection |
Trading Competitions | Available periodically | Available with cash prizes and bonuses |
Scalping and Hedging | Allowed on all accounts | Allowed on all accounts |
Islamic Accounts | Swap-free options available | Swap-free options available |
Cryptocurrency Pairs | 28+ pairs including BTC, ETH, LTC, XRP | 5+ pairs including BTC, ETH, LTC |
Synthetic Indices | Available (Unique offering) | Not available |
Volatility Indices | Available (24/7 trading) | Not available |
Social Trading Platforms | Binary Bot, DMT5 Signals | FXTM Invest (Copy Trading) |
Mobile Trading Apps | DTrader app, Deriv Go | FXTM Trader app |
Contract Types | Rise/Fall, Touch/No Touch, In/Out | No contracts, only CFDs |
Expert Advisors (EAs) | Supported on MT5 | Supported on MT4, MT5 |
Spread Betting | Not available | Available for UK clients |
Leverage Adjustment | Flexible based on risk preferences | Adjustable based on account type and regulations |
Maximum Trade Size | 30 lots per trade | 100 lots per trade |
Deposit Processing Time | Instant for most methods | Instant to 24 hours depending on method |
Withdrawal Processing Time | 1 business day | 24 hours to 5 business days |
Platform Customization | High with DBot and DTrader | High with MT4/MT5 add-ons |
Mobile Alerts and Notifications | Available | Available |
Expert Analysis and Signals | Available via Deriv Blog | Available via FXTM Trading Signals |
Advanced Charting Tools | TradingView integration | MT4/MT5 built-in tools |
VPS Hosting | Not available | Available for free on certain accounts |
Language Support | 20+ languages | 25+ languages |
Account Verification | Quick and online | Online, but can take up to 2 days |
Withdrawal Limits | No limits for verified accounts | Varies based on method and account type |
Fund Segregation | Yes, separate from operational funds | Yes, in top-tier banks |
Corporate Accounts | Available | Available |
Partnership Programs | Affiliate, IB, White Label | Affiliate, IB, White Label, Regional Partnerships |
Payment Gateways | Advcash, PayRedeem, Perfect Money | Payoneer, Dotpay, WebMoney |
Fiat Currency Support | USD, EUR, GBP, AUD | USD, EUR, GBP, NGN, CNY |
Cross-Platform Integration | DTrader web-based, MT5 desktop and mobile | MT4/MT5 desktop, web, mobile |
Chart Types | Candlestick, Line, OHLC | Candlestick, Line, Heikin Ashi, Renko |
Micro Lot Trading | Available (0.01 lots) | Available (0.01 lots) |
Trailing Stop | Supported on MT5 | Supported on MT4/MT5 |
Client Fund Security | Encryption, 2FA | Encryption, 2FA, Fund insurance |
Order Types | Market, Limit, Stop, Trailing Stop | Market, Limit, Stop, Trailing Stop, One-Cancels-Other (OCO) |
Execution Speed | ~0.5 seconds | ~0.3 seconds |
Requotes | Minimal | Rare, based on execution type |
Economic Calendar | Integrated | Integrated and detailed |
Automated Trading Platforms | DBot, Binary Bot | MetaTrader EAs, FXTM Invest |
Swap Rates | Competitive | Competitive with swap-free options |
Customer Service Languages | 20+ languages | 30+ languages |
Localization Options | Regional payment methods and language support | Local bank transfers and regional offices |
Proprietary Indicators | Unique synthetic indices indicators | Standard MT4/MT5 indicators |
Sentiment Analysis Tools | Available on DTrader | Available via MT5 add-ons |
Market Depth | Available on DMT5 | Available on MT5 |
Trading Contests | Frequent on synthetic indices | Frequent with cash prizes |
Scalping Conditions | No time limits on trades | No restrictions, tight spreads on ECN accounts |
Hedging Conditions | Allowed without restrictions | Allowed on all accounts |
Demo Account Expiry | No expiry | Expires after 30 days (can be extended) |
Institutional Services | Liquidity solutions for brokers | Asset management, liquidity, and institutional services |
Trading Signals | Proprietary and third-party signals | MQL5 and FXTM Trading Signals |
Negative Balance Protection | Standard for all accounts | Standard for all accounts |
Security Protocols | SSL, cold storage for crypto | SSL, PCI DSS compliance |
Volatility Protection | Synthetic indices with predefined volatility | No dedicated volatility indices |
Overnight Fees | Competitive rates | Varies by instrument and account type |
Deposit Insurance | Insured by regulatory bodies | Up to €20,000 for EU clients |
Trade Monitoring Tools | Profit and risk calculators | Profit calculators, margin calculators |
Multilingual Platform Support | Available for all platforms | Available with 30+ languages |
Cross-Asset Trading | Forex to synthetic indices | Forex to CFDs on stocks, metals, and commodities |
Custom Indicators | Allowed via MT5 | Allowed via MT4/MT5 |
Backtesting Capabilities | Available on DMT5 | Advanced on MT4/MT5 |
Trade Alerts | Push notifications, email alerts | SMS, email, and push notifications |
Partnership Revenue Models | CPA, Revenue Share | CPA, Revenue Share, Hybrid models |
Margin Requirements | Varies by asset class | Varies by account type and asset class |
Interest on Unused Funds | Not available | Not available |
Leverage for Professional Clients | Up to 1:1000 | Up to 1:2000 |
Rebate Programs | Available for affiliates | Available for active traders |
Knowledge Base | Articles, video tutorials, blog | Webinars, eBooks, articles, videos |
Web-Based Trading | DTrader, DBot | FXTM WebTrader for MT4/MT5 |
Fixed Income Trading | Not supported | Not supported |
Commodities Coverage | Gold, Silver, Oil | Gold, Silver, Oil, Soft Commodities |
ETF Trading | Not supported | Available via CFDs |
Peer-to-Peer Trading | Not available | Not available |
Asset Protection Tools | Stop Loss, Take Profit | Stop Loss, Take Profit, Trailing Stops |
Cross-Currency Pairs | 50+ pairs | 60+ pairs |
Profit Withdrawal Restrictions | None for verified accounts | None for verified accounts |
Deriv offers unique synthetic indices and lower minimum deposits, making it beginner-friendly, while FXTM excels with diverse account types, faster execution, and advanced tools. Both brokers are secure and provide competitive spreads and leverage.